A real estate firm, Landwey Investment Limited, is ready to tackle the housing deficit in Nigeria with “The Audacity Skyline”.
The soon-to-be-commenced project will be a 100-floor mixed-use high-rise, standing on 3,500 square metres of land in Eko Atlantic City, Lagos.
“The issue of housing deficit has been growing from bad to worse and successive governments from the time of Nigeria’s independence 61 years ago have been grappling with this problem,” commented the Chief Executive Officer of Landwey, Olawale Ayelara.
Moreover, Ayelara considers the housing sector as an important sector to stimulate economic growth, as seen in most developed countries. Until today, affordable housing has remained unreachable to the vast majority of people, especially those in the middle and lower classes. Hence, Ayelara and Landwey plan to help solve this issue, one step at a time.
“We are glad to take this step along with Eko Atlantic City towards the infrastructural development of Lagos, and now I am confident that this will be one step out of many to come,” added Ayelara.
According to Ayelara, the project is set to be an architectural masterpiece, featuring ‘tastefully finished residential with pent-houses, commercial spaces, and multi-level parking designated area’. The project will be set in motion in August 2022 and is expected to finish in two years.
In the last couple of years, the real estate sector in Lagos had experienced an unprecedented shift. Projects like The Audacity Skyline is only the beginning of a transformed Lagos and Nigeria.